The 28-year-old has been pushing for a move away from the Premier League relegation candidates since the start of the January transfer window.
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According to Sky Sports, Paqueta may soon get his wish following a new £40 million offer from former club Flamengo.
Arguably the biggest club in Brazil, Paqueta started his career at Flamengo before making the move to Europe with AC Milan back in 2019.
It’s understood that Flamengo want Paqueta to join right away rather than at the end of the season with their first game of the new Brazilian campaign against Sao Paulo on Thursday (January 29).